Chinese companies that are blacklisted by the US are opting to rent US cloud technology instead of purchasing it and are receiving favorable rates for doing so

In recent times, the US has added an increasing number of Chinese companies to a blacklist that restricts their ability to engage in certain types of business with the US. Although many of these sanctions include a prohibition on purchasing technology, it appears that certain Chinese firms have discovered a way to circumvent them by […]

Statistics from IBM Reveal Increase in Frequency and Cost of Cybersecurity Attacks

Fresh statistics reveal that cybersecurity attacks are increasing and causing more financial harm to both businesses and governments. The province of Newfoundland and Labrador is still grappling with the repercussions of a cybersecurity attack on its health care system in October 2021. In addition, the parent company that owns several popular brands, including Sobeys, experienced […]

Misconfigurations Found in Cloud Environments of 98.6% of Companies

According to a recent report from Zscaler Threatlabz, despite the convenience and flexibility offered by public cloud technology, many organizations are still grappling with the risks associated with cloud usage as they experience related attacks. The Cloud (In)Security research analyzed cloud workload statistics from over 260 billion daily transactions globally across the Zscaler platform and […]

You can recover your files for free using a new decryptor for MortalKombat ransomware

Bitdefender, a cybersecurity company, has released a free decryptor for the MortalKombat ransomware that allows victims to recover their files without having to pay the ransom. This ransomware strain appeared in January 2023 and was mainly targeting systems in the United States, according to Cisco Talos. MortalKombat distributors distribute malicious ZIP attachments with BAT loader […]